Sales: According to the Alabama Realtors, August new home sales in the state increased 19.8% year-over-year from 751 to 900 closed transactions. Sales decreased 14% from July,
Sales: According to the Alabama Association of Realtors, July new home sales in the state increased 30.9% year-over-year from 800 to 1,047 closed transactions. Sales decreased 2.1%
With 11 of 13 markets reporting new construction sales data from May, it is likely that total new home sales will increase around 1-2% from one year
In residential markets, demand has strengthened recently as mortgage applications for a home purchase increased for the third week in a row, rising 7% from the prior
Building permits for new residential construction are on the rise in both Alabama and the United States. In Alabama, July permits increased 10.3 percent year-over-year
The late spring and early summer months of the home building season have been marked by rising costs. Interest rates are rising, lumber prices are
Statewide Overview: Alabama’s new construction market continued to grow during the early months of 2018. Through April, there were a total of 2,326 new construction sales in
March new home sales in Alabama grew 24 percent compared to the month of February and were slightly lower than March 2016. According to the Alabama
